News by Supriya Surendran

Poultry player Sinmah Capital Bhd (formerly known as Farm’s Best Bhd) is proposing to diversify its businesses to include property development and construction.

Malaysian companies say not affected by Gulf crisis...

“The company wishes to clarify that [Chai] who was an executive director of the company from May 29, 2015 to March 14, 2017, has resigned from the board on March 14 and has no involvement in the management or business of the company, either directly or indirectly."

Malaysian Resources Corp Bhd (MRCB) saw its net profit for the first financial quarter ended March 31, 2017 (1QFY17) more than double to RM10.46 million, from RM4.38 million a year ago, on higher contribution from its property development segment.

Sunsuria Bhd's net profit for the second financial quarter ended March 31, 2017 (2QFY17) surged more than fivefold to RM18 million or 2.25 sen a share.

Bina Puri Holdings Bhd has received the pre-approval for the listing of its subsidiary PT Megapower Makmur Tbk on the Indonesia Stock Exchange from Otoritas Jasa Keuangan (OJK), which is the financial supervisory authority of Indonesia.

Oriental Interest Bhd is buying 222.29 acres of land, spread across Ijok, Selangor and up north in Kedah and Penang, for RM129.2 million from four companies related to its directors.

It was served with notices of  additional  taxes, penalty

Hektar Real Estate Investment Trust's (REIT) net property income slipped 5.3% to RM17.7 million for the first quarter ended March 31, 2017 (1QFY17) from RM18.67 million a year earlier, due to higher operating expenses.

IJM Corp Bhd is set to take part in a property development project in Nagpur, the third-biggest city in the Maharashtra state of India.